Myomo Inc Stock Price History

MYO Stock  USD 3.64  0.04  1.09%   
Below is the normalized historical share price chart for Myomo Inc extending back to June 12, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Myomo stands at 3.64, as last reported on the 19th of May, with the highest price reaching 3.77 and the lowest price hitting 3.57 during the day.
IPO Date
12th of June 2017
200 Day MA
2.7134
50 Day MA
3.4018
Beta
1.504
 
Covid
If you're considering investing in Myomo Stock, it is important to understand the factors that can impact its price. Myomo appears to be very risky, given 3 months investment horizon. Myomo Inc has Sharpe Ratio of 0.0769, which conveys that the firm had a 0.0769% return per unit of risk over the last 3 months. By analyzing Myomo's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise Myomo's Downside Deviation of 4.82, risk adjusted performance of 0.0371, and Mean Deviation of 4.93 to check out if our risk estimates are consistent with your expectations.
  
At this time, Myomo's Common Stock Shares Outstanding is very stable compared to the past year. As of the 19th of May 2024, Common Stock is likely to grow to 2,851, while Total Stockholder Equity is likely to drop about 4.9 M. . At this time, Myomo's Price Book Value Ratio is very stable compared to the past year. As of the 19th of May 2024, Price To Book Ratio is likely to grow to 17.26, while Price To Sales Ratio is likely to drop 7.30. Myomo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0769

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Estimated Market Risk

 6.67
  actual daily
59
59% of assets are less volatile

Expected Return

 0.51
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Myomo is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Myomo by adding it to a well-diversified portfolio.
Price Book
9.4119
Enterprise Value Ebitda
(9.90)
Price Sales
4.3972
Shares Float
14.8 M
Wall Street Target Price
5.6

Myomo Stock Price History Chart

There are several ways to analyze Myomo Stock price data. The simplest method is using a basic Myomo candlestick price chart, which shows Myomo price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 1, 20244.01
Lowest PriceApril 15, 20242.7

Myomo May 19, 2024 Stock Price Synopsis

Various analyses of Myomo's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Myomo Stock. It can be used to describe the percentage change in the price of Myomo from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Myomo Stock.
Myomo Price Action Indicator(0.05)
Myomo Price Daily Balance Of Power(0.20)
Myomo Price Rate Of Daily Change 0.99 

Myomo May 19, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Myomo Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Myomo intraday prices and daily technical indicators to check the level of noise trading in Myomo Stock and then apply it to test your longer-term investment strategies against Myomo.

Myomo Stock Price History Data

The price series of Myomo for the period between Mon, Feb 19, 2024 and Sun, May 19, 2024 has a statistical range of 1.31 with a coefficient of variation of 10.21. The daily prices for the period are spread out with arithmetic mean of 3.37. The median price for the last 90 days is 3.43. The company underwent 1:30 stock split on 31st of January 2020. Myomo Inc issued dividends to stockholders on 2020-01-31.
OpenHighLowCloseVolume
05/19/2024
 3.71  3.77  3.57  3.64 
05/17/2024 3.71  3.77  3.57  3.64  149,403 
05/16/2024 3.77  3.89  3.66  3.68  130,681 
05/15/2024 3.58  3.79  3.55  3.78  316,215 
05/14/2024 3.68  3.70  3.50  3.58  127,769 
05/13/2024 3.89  3.99  3.62  3.64  89,060 
05/10/2024 3.58  3.83  3.52  3.83  329,425 
05/09/2024 3.89  3.89  3.41  3.56  377,189 
05/08/2024 3.63  3.97  3.52  3.93  362,488 
05/07/2024 3.90  3.94  3.55  3.62  208,736 
05/06/2024 3.70  4.38  3.70  3.94  1,013,108 
05/03/2024 3.95  4.19  3.65  3.76  446,405 
05/02/2024 3.62  3.94  3.54  3.92  358,061 
05/01/2024 3.28  3.62  3.17  3.53  299,812 
04/30/2024 3.29  3.39  3.26  3.27  57,203 
04/29/2024 3.42  3.42  3.21  3.32  123,384 
04/26/2024 3.43  3.51  3.36  3.43  158,542 
04/25/2024 3.39  3.44  3.29  3.42  61,906 
04/24/2024 3.54  3.63  3.43  3.44  76,789 
04/23/2024 3.45  3.64  3.45  3.54  100,483 
04/22/2024 3.21  3.53  3.17  3.44  215,473 
04/19/2024 2.85  3.24  2.85  3.19  324,053 
04/18/2024 2.78  2.94  2.73  2.82  200,355 
04/17/2024 2.85  2.97  2.72  2.72  151,652 
04/16/2024 2.58  2.86  2.51  2.82  206,543 
04/15/2024 2.94  3.03  2.69  2.70  335,923 
04/12/2024 3.06  3.12  2.95  2.97  124,753 
04/11/2024 3.11  3.21  3.03  3.12  135,135 
04/10/2024 3.08  3.09  2.92  3.09  174,071 
04/09/2024 3.14  3.45  3.13  3.13  234,112 
04/08/2024 3.06  3.19  3.06  3.14  133,887 
04/05/2024 3.12  3.25  3.00  3.05  164,284 
04/04/2024 3.02  3.30  3.02  3.14  197,831 
04/03/2024 2.96  3.09  2.96  2.97  139,599 
04/02/2024 3.05  3.13  2.95  3.03  264,164 
04/01/2024 3.16  3.21  3.06  3.09  236,075 
03/29/2024 3.49  3.50  3.23  3.27  94,787 
03/28/2024 3.49  3.50  3.23  3.27  94,787 
03/27/2024 3.37  3.50  3.28  3.50  123,341 
03/26/2024 3.39  3.40  3.26  3.33  194,927 
03/25/2024 3.54  3.59  3.30  3.39  412,592 
03/22/2024 3.56  3.66  3.40  3.57  212,213 
03/21/2024 3.67  3.82  3.50  3.61  291,152 
03/20/2024 3.55  3.63  3.42  3.62  162,469 
03/19/2024 3.65  3.71  3.52  3.57  239,319 
03/18/2024 3.75  4.03  3.67  3.67  389,266 
03/15/2024 3.37  3.64  3.37  3.58  153,195 
03/14/2024 3.72  3.78  3.30  3.44  292,500 
03/13/2024 3.82  3.87  3.59  3.65  193,265 
03/12/2024 3.76  4.08  3.71  3.80  488,835 
03/11/2024 3.24  3.81  3.24  3.65  533,050 
03/08/2024 3.54  3.56  2.90  3.19  495,199 
03/07/2024 3.72  3.87  3.36  3.52  345,278 
03/06/2024 3.69  3.91  3.56  3.68  270,667 
03/05/2024 3.94  3.94  3.56  3.61  246,083 
03/04/2024 4.10  4.19  3.82  3.97  527,417 
03/01/2024 3.22  4.03  3.20  4.01  1,426,760 
02/29/2024 2.98  3.11  2.98  3.06  164,362 
02/28/2024 3.08  3.11  2.91  2.93  221,021 
02/27/2024 2.78  3.18  2.76  3.07  425,696 
02/26/2024 2.86  2.89  2.69  2.75  333,745 

About Myomo Stock history

Myomo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Myomo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Myomo Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Myomo stock prices may prove useful in developing a viable investing in Myomo
Last ReportedProjected for Next Year
Common Stock Shares Outstanding29.5 M31 M
Net Loss-9.6 M-10.1 M

Myomo Quarterly Net Working Capital

10.15 Million

Myomo Stock Technical Analysis

Myomo technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Myomo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Myomo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Myomo Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Myomo's price direction in advance. Along with the technical and fundamental analysis of Myomo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Myomo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Myomo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Myomo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Myomo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Myomo Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myomo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Myomo's price analysis, check to measure Myomo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Myomo is operating at the current time. Most of Myomo's value examination focuses on studying past and present price action to predict the probability of Myomo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Myomo's price. Additionally, you may evaluate how the addition of Myomo to your portfolios can decrease your overall portfolio volatility.
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Is Myomo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myomo. If investors know Myomo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myomo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.28)
Revenue Per Share
0.652
Quarterly Revenue Growth
0.177
Return On Assets
(0.42)
Return On Equity
(1.06)
The market value of Myomo Inc is measured differently than its book value, which is the value of Myomo that is recorded on the company's balance sheet. Investors also form their own opinion of Myomo's value that differs from its market value or its book value, called intrinsic value, which is Myomo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myomo's market value can be influenced by many factors that don't directly affect Myomo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myomo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Myomo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myomo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.